EU Sees ‘Historic’ India Trade Pact in Wake of Trump Threats (1)

The European Union and India are nearing a “historic” trade agreement, the bloc’s chief said, as both sides look to strengthen ties and bolster their economies in the face of rising tariff threats from US President Donald Trump.

“Some call it the mother of all deals,” European Commission President Ursula von der Leyen said Tuesday at the World Economic Forum in Davos, ahead of her trip to India next week where both sides are expected to announce the pact.

The free trade agreement “would create a market of 2 billion people, accounting for almost a quarter of global GDP,” ...